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RE: Why should I want Byteball Bytes?

in #byteball • 6 years ago

Welcome to Steemit. I registered for the airdrop and got a nice payout. I hope the issue with synching can be resolved soon. I think a lot of Steemians have already signed up and some have done very well from referrals.

I'm not into betting, but I'll watch out for other ways to use Byteball.

6 years ago in #byteball by
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     6 years ago  

    Thanks, there are many use cases, I wrote this post about betting because I built a tool for it and FIFA World Cup is going on for last 2 days now.

    But there are many use cases where Byteball can be used:

    • Anybody can create their tokens without writing any code, so it is easier than on Ethereum and Stellar and more like it's on NEM.
    • Anybody can do the ICO with the tokens that they created and the best part, they can use KYC validation (that uses can do with Real Name Attestation via Jumio) or they can do a ICO for example, only Steem users who have reputation 70 or above. Or they can just give bonus during ICO if you have high reputation, have verified your email and so on.
    • Not only you can make smart contracts on sporting events, you could also make P2P flight insurance contract or predict other cryptocurrency prices and get payed for predicting right.

    There are also other features that the wallet has, but I guess people can discover them more when the syncing gets solved.

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